Silver price gets the positive momentum – Analysis - 16-01-2019
Economies.com
2019-01-16 05:23AM UTC
Silver price fluctuates at 15.55 level and still above it, accompanied by stochastic reach to the oversold areas now, which forms positive motive that we are waiting to assist to push the price to resume the main bullish trend, and the price needs to breach 15.70 to ease the mission of heading towards 16.00 that represents our next main target.
We remind you that breaking 15.55 will push the price to visit 15.22 level initially before any new attempt to rise.
Expected trading range for today is between 15.45 support and 15.90 resistance.
Expected trend for today: Bullish
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